Self-storage building · South Bronx, Bronx

780 East 138th Street

Bronx, NY 10454

780 East 138th Street is a 6-floor self-storage building in the South Bronx, Bronx, built in 1920, with about 76,000 square feet of industrial and storage space according to city records.

Also at 780-788 East 138th Street and 220-230 Willow Avenue.

Industrial and storage space
76K SF
Floors
6
Year built
1920
Zoning
M1-2

Industrial and storage space next to its nearest neighbors

  1. 728 East 136th Street2 min walk128K SF
  2. 780 East 138th StreetThis building76K SF
  3. 805 East 139th Street2 min walk54K SF
  4. 815 East 135th Street2 min walk37K SF

The 22nd largest of the 42 industrial and storage buildings we track in the South Bronx. Compare it with 6 neighbors

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Compared with its neighbors

How 780 East 138th Street compares

Next to the 6 nearest large industrial and storage buildings, all within a 3 minute walk, 780 East 138th Street ranks 3rd of 7 by industrial and storage floor area. Built in 1920, it is the oldest of them. Its estimated property tax, about $6.04 a square foot of floor area before abatements, is above the neighbors' median of $4.28.

780 East 138th Street and the 6 nearest large industrial and storage buildings: size, floors, year built, estimated property tax per square foot and last sale
BuildingIndustrial and storage spaceFloorsBuiltTax / SFLast sale
780 East 138th StreetThis building76K SF61920$6.04Feb 2024, $8.9M
728 East 136th Street2 min walk128K SF61931$4.28n/a
815 East 135th Street2 min walk37K SF21950$5.11May 2022, $5.5M
805 East 139th Street2 min walk54K SF31948$3.64Dec 2019, $6.6M
850 East 138th Street2 min walk74K SF21988ExemptJul 2015, $10.2M
845 East 136th Street3 min walk85K SF21929$4.33Dec 2025, $21.7M
865 East 138th Street3 min walk60K SF11949$3.70n/a
The 22nd largest of the 42 industrial and storage buildings we track in the South Bronx: see the full list

Sources: NYC Department of City Planning, PLUTO 26v2 for size, floors and year built; NYC Department of Finance 2026/27 roll for tax (taxable value times the class rate, before abatements, over the whole floor area); ACRIS for the last deed that moved the whole lot for a real price (a price for several lots is their combined price; condominiums sell by the unit and show n/a). Large means at least 35,000 SF of the building's main use. Walking times are straight-line estimates.

NYC tax lot records

Building facts

Other addresses
780-788 East 138th Street; 220-230 Willow Avenue
ZIP code
10454
Building type
Self-storage building (city class E7)
Total floor area
76,100 SF
Commercial floor area
76,100 SF
Industrial and storage
76,100 SF
Height
6 floors
Average floor
About 12,700 SF (floor area divided by floors)
Year built
1920
Last major alteration
1994
Lot area
27,315 SF
Zoning district
M1-2
Built FAR
2.79
Max commercial FAR
2
Tax lot (BBL)
2025890001

Nearest subway

  • Cypress Av4 min walk · Not accessible
  • E 143 St-St Mary's St8 min walk · Not accessible
  • Brook Av10 min walk · Not accessible

Nearby large buildings

All 8 large industrial buildings on East 138th Street

Source: NYC Department of City Planning, PLUTO 26v2, pulled 2026-10-16; addresses from the Property Address Directory (PAD) 26b; subway stations from the MTA Subway Stations dataset, pulled 2026-10-16. Floor areas are the city's estimates for the whole building, not available space. Walking times are straight-line estimates. How we build these pages. Something wrong on this page? Tell us.

NYC Department of Finance records

Owner, property tax and assessed value

The Department of Finance lists MERCURY STORAGE 1-C, LLC as the owner of record. For tax year 2026/27 the city values 780 East 138th Street at $10.8 million and assesses it at $4.86 million. After phase-ins and exemptions its taxable value is $4.23 million; at the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists) that comes to about $459,339 a year before abatements, roughly $6.04 per square foot of floor area. Commercial leases here often pass a tenant's share of tax increases over a base year through as additional rent.

Owner of record
MERCURY STORAGE 1-C, LLC
Tax class
Class 4 (commercial and industrial)
City market value
$10,806,000
Land market value
$557,000
Assessed value
$4,862,700
Taxable value (phased in)
$4,234,320
Estimated yearly tax
About $459,339
Tax per SF of floor area
About $6.04

City market value by tax year

  • 2022/23$7.93 million
  • 2023/24$8.56 million
  • 2024/25$9.4 million
  • 2025/26$10.3 million
  • 2026/27$10.8 million

Market value rose 36% from 2022/23 ($7.93 million) to 2026/27.

How the South Bronx compares: property tax per SF across NYC neighborhoodsEstimate this tax bill, or a tenant's share of itHow NYC commercial property tax works

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How to find who owns any NYC building

Source: NYC Department of Finance, Property Valuation and Assessment Data (2026/27 roll; owner names as the roll records them, which cuts some long names short), pulled 2026-10-16; tax rate from the Department of Finance tax rates page, checked 2026-09-28. The estimate is the taxable value times the class rate. It leaves out abatements, payment-in-lieu-of-taxes agreements and charges, so the actual bill can differ.

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NYC property records (ACRIS)

Sales history

780 East 138th Street last sold in February 2024 for $8.85 million, according to the deed recorded with the city. UH STORAGE (DE) LIMITED PARTNERSHIP sold it to MERCURY STORAGE 1-C, LLC. That comes to about $116 per square foot of floor area.

Last sale (deed date)
February 2, 2024
Price
$8,853,649
Price per SF of floor area
About $116
Seller
UH STORAGE (DE) LIMITED PARTNERSHIP
Buyer
MERCURY STORAGE 1-C, LLC
Deed recorded
February 22, 2024
ACRIS document
2024021600330002
All 20 building sales in the South Bronx since 2016

Source: NYC Department of Finance, ACRIS, Real Property Master, Legals and Parties, pulled 2026-10-16; prices as the deeds state them, names as recorded (companies and public bodies only). Shown are deeds that move the whole lot for a real price. Transfers between related companies for a nominal sum, sales of partial interests, land sales before the building went up and sales of the company that owns a building are left out.

NYC Department of Buildings permits

Work permits and build-outs

The Department of Buildings issued no permits for new jobs at 780 East 138th Street in the 12 months to October 2026; the last one was first permitted in February 2025.

New jobs, last 12 months
0
Initial permits, last 12 months
0
Newest job first permitted
February 2025
Interior build-outs, last 24 months
0

New jobs by year

  • 20210
  • 20220
  • 20232
  • 20243
  • 20254
  • 2026 to date0

Source: NYC Department of Buildings, DOB NOW: Build Approved Permits, pulled 2026-10-24 (permits issued through 2026-10-22). A job counts once, when its first permit is issued; renewals are not new work. A build-out groups jobs on the same floors first permitted within 120 days of each other. Costs are the estimates filed with the jobs. Jobs filed before DOB NOW (in the older BIS system) are not counted. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

No industrial and storage space listed in the South Bronx yet

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Questions about 780 East 138th Street

How big is 780 East 138th Street?

780 East 138th Street has about 76,000 square feet of floor area in total, including 76,000 square feet of industrial and storage space, according to NYC PLUTO 26v2. These are the city's estimates for the whole building, not space that is available.

When was 780 East 138th Street built?

City records list 1920 as the year built, with a major alteration recorded in 1994. The building is 6 floors tall.

What other addresses does 780 East 138th Street have?

City records list 780-788 East 138th Street and 220-230 Willow Avenue on the same tax lot (BBL 2025890001) as 780 East 138th Street. A space listed on Leasemark at any of these addresses shows up on this page.

What is the ZIP code of 780 East 138th Street?

780 East 138th Street is in ZIP code 10454, according to the city's tax lot records (NYC PLUTO 26v2) and the Department of Finance's assessment roll. The full mailing address is 780 East 138th Street, Bronx, NY 10454, in the South Bronx.

What is the zoning at 780 East 138th Street?

The lot is in the M1-2 zoning district. PLUTO lists a built floor area ratio (FAR) of 2.79 and a maximum commercial FAR of 2 for this lot.

What subway station is closest to 780 East 138th Street?

The closest subway station to 780 East 138th Street is Cypress Av (the 6 train), about 950 feet away in a straight line, roughly 4 minutes on foot. Also nearby: E 143 St-St Mary's St (the 6 train), 8 min walk; Brook Av (the 6 train), 10 min walk. Walking times are straight-line estimates; the street route is longer.

Who owns 780 East 138th Street?

The NYC Department of Finance's 2026/27 assessment roll lists MERCURY STORAGE 1-C, LLC as the owner of record of 780 East 138th Street (BBL 2025890001). Big buildings are usually held through a company set up for that one property, so the name on the roll can differ from the landlord's brand or the managing agent. Deeds and mortgages for the lot are public in ACRIS, the city's property records system.

When was 780 East 138th Street last sold?

780 East 138th Street last sold in February 2024 for $8.85 million, according to the deed recorded with the city. UH STORAGE (DE) LIMITED PARTNERSHIP sold it to MERCURY STORAGE 1-C, LLC. That comes to about $116 per square foot of floor area. The deed is ACRIS document 2024021600330002 (BBL 2025890001) in the city's property records. A sale of the company that owns a building is not recorded as a deed, so it would not show there.

Is there construction at 780 East 138th Street?

The Department of Buildings issued no permits for new jobs at 780 East 138th Street in the 12 months to October 2026; the last one was first permitted in February 2025. These are the Department of Buildings' DOB NOW work permits for tax lot 2025890001. A permit is approval to do the work; it does not say who the work is for or whether it is finished.

What are the property taxes at 780 East 138th Street?

The Department of Finance's 2026/27 assessment roll lists a taxable value of $4.23 million for 780 East 138th Street. At the Class 4 rate of 10.848% (tax year 2025/26, the latest rate the Department of Finance lists), that is about $459,339 a year, roughly $6.04 per square foot of floor area, before abatements such as ICAP. The city's property tax records for BBL 2025890001 show the actual bill.

What is the assessed value of 780 East 138th Street?

For tax year 2026/27, the NYC Department of Finance puts the market value of 780 East 138th Street at $10.8 million ($557,000 of it land) and its assessed value at $4.86 million, the 45% of market value the city assesses for Class 4 property. The city's market value rose 36% from 2022/23 ($7.93 million) to 2026/27.

Is there industrial and storage space for lease at 780 East 138th Street?

No space at 780 East 138th Street is listed on Leasemark right now. Owners and brokers can list space here for free, and tenants can post a requirement to be matched when space opens up.

2,723 buildings from city records

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